Downward wedge patterns have been noticed on August 16 for the stocks Cree Inc, Green Dot Corporation, Petrobras Argentina SA, Logitech International SA, and Credicorp Ltd. The price range of these stocks is getting more narrow as the downward trend continues, thus signally the trend is losing steam. This sends a bullish signal to investors as the downward trend is ending.
Shares of Cree Inc (CREE) fell by 3.45% or $-1.28/share to $35.83. In the past year, the shares have traded as low as $26.60 and as high as $72.85. On average, 4068290 shares of CREE exchange hands on a given day and today's volume is recorded at 2938141.
Shares of Green Dot Corporation (GDOT) remained unchanged at $31.59. In the past year, the shares have traded as low as $24.94 and as high as $65.09. On average, 299530 shares of GDOT exchange hands on a given day and today's volume is recorded at 102959.
Shares of Petrobras Argentina SA (PZE) traded higher by 0.46% or $0.08/share to $17.39. In the past year, the shares have traded as low as $14.19 and as high as $28.06. On average, 72180 shares of PZE exchange hands on a given day and today's volume is recorded at 59249.
Shares of Logitech International SA (LOGI) traded higher by 1.45% or $0.13/share to $9.11. In the past year, the shares have traded as low as $7.85 and as high as $23.29. On average, 1778150 shares of LOGI exchange hands on a given day and today's volume is recorded at 1343506.
Shares of Credicorp Ltd (BAP) fell by 2.93% or $-2.68/share to $88.84. In the past year, the shares have traded as low as $80.79 and as high as $126.05. On average, 700080 shares of BAP exchange hands on a given day and today's volume is recorded at 135635.